Apheresis Global Market to Accelerate at a Significant CAGR of ~9% by 2028 | DelveInsight

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The apheresis market is expected to grow due to factors such as the rising prevalence of hematological disorders such as sickle cell anemia and blood cancers, increased demand for source plasma by various biopharmaceutical companies, and an increase in the launch and approval of apheresis systems during the forecast period (2023–2028).

New York, USA, Aug. 17, 2023 (GLOBE NEWSWIRE) — Apheresis Global Market to Accelerate at a Significant CAGR of ~9% by 2028 | DelveInsight

The apheresis market is expected to grow due to factors such as the rising prevalence of hematological disorders such as sickle cell anemia and blood cancers, increased demand for source plasma by various biopharmaceutical companies, and an increase in the launch and approval of apheresis systems during the forecast period (2023–2028).

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DelveInsight’s Apheresis Market Insights report provides the current and forecast market analysis, individual leading apheresis companies’ market shares, challenges, apheresis market drivers, barriers, trends, and key market apheresis companies in the market.

Key Takeaways from the Apheresis Market Report

  • As per DelveInsight estimates, North America is anticipated to dominate the global apheresis market during the forecast period. 
  • Notable apheresis companies such as Braun Melsungen AG, Asahi Kasei Corporation, Fresenius Kabi AG, Haemonetics Corporation, Terumo Corporation, Baxter International, Kaneka Corporation, Sumitomo Bakelite Company Limited, Medica SPA, Nikkiso Co., Ltd., Cerus Corporation, Miltenyi Biotec B.V & Co., KG, Haier Inc., Otsuka Holdings, and several others, are currently operating in the apheresis market.
  • In June 2023, Tanda Medical College improved its healthcare skills by the successful administration of a plasma apheresis technique to a patient suffering from an autoimmune condition.
  • In June 2022, Terumo, a medical technology company, announces that the UK’s NHS England has selected the Spectra Optia® Apheresis System through the NHS MedTech Funding Mandate to treat sickle cell disease. As a result, Spectra Optia will be deployed more widely in hospitals across England.

To read more about the latest highlights related to the apheresis market, get a snapshot of the key highlights entailed in the Global Apheresis Market Report

Apheresis Overview

Apheresis, also known as pheresis, is a medical procedure that involves the separation, collection, and return of specific blood components from a person’s circulatory system. This process allows healthcare professionals to selectively remove or concentrate certain components of the blood while returning the rest of the blood back to the patient. Apheresis is widely used in various medical contexts and can serve both therapeutic and donation purposes. Apheresis has significant therapeutic implications, especially for individuals with certain autoimmune diseases, hematological disorders, and other conditions that involve the overproduction or malfunction of specific blood components. It can offer a targeted and efficient way to manage these conditions by directly manipulating the composition of the patient’s blood.

Apheresis Market Insights 

North America is predicted to lead the global apheresis market in revenue generation, with a market value of USD 979.12 million in 2021. It is expected to increase at an 8.44% CAGR from 2023 to 2028, reaching USD 1.58 billion by 2028. This dominance is attributable to the region’s increased prevalence of chronic illnesses and malignancies. Furthermore, the rise in the number of sophisticated surgical operations and the rising demand for blood components will support the expansion of the apheresis market in North America.

According to estimates released by the American Cancer Society 2022, about 60,650 new cases of leukemia are expected in the United States in 2022. According to the National Cancer Institute 2022, there were an expected 472,714 persons living with leukemia in the United States in 2019. The data presented above clearly show that the incidence of leukemia is increasing year after year. Apheresis is mostly used to treat individuals with leukemia who have extremely high blood white cell counts. As a result, the rising prevalence of leukemia in the United States will raise market demand for apheresis.

To know more about why North America is leading the market growth in the apheresis market, get a snapshot of the Apheresis Market Outlook 

Apheresis Market Dynamics

Among the notable drivers of the apheresis market, the rising prevalence of hematological disorders appears to be the most important element for propelling the apheresis market. Another important driver for the apheresis market growth is the development of novel apheresis devices for disease management and treatment.

However, the high costs and different hazards connected with apheresis treatment may act as restraints on the apheresis market’s growth.

During the COVID-19 pandemic, the apheresis market had substantial development. Because of the increase in COVID-19 cases, various coagulation parameters such as platelet count, fibrinogen, D-dimmer, prothrombin time (PT), activated partial thromboplastin time (aPTT) were discovered as a complication among the severely infected patients, resulting in extensive applications pertaining to plasma therapies. Convalescent plasma treatment is utilized in patients who have become infected with COVID-19. The apheresis market is predicted to develop favorably during the forecast period of 2023–2028, owing to a significant number of people being vaccinated and the return of activity across industries, including the healthcare sector.

Get a sneak peek at the apheresis market dynamics @ Apheresis Market Dynamics Analysis

Report Metrics Details
Coverage Global
Study Period 2020–2028
Apheresis Market CAGR ~9%
Apheresis Market Size by 2028 USD 3.6 Billion
Key Apheresis Companies Braun Melsungen AG, Asahi Kasei Corporation, Fresenius Kabi AG, Haemonetics Corporation, Terumo Corporation, Baxter International, Kaneka Corporation, Sumitomo Bakelite Company Limited, Medica SPA, Nikkiso Co., Ltd., Cerus Corporation, Miltenyi Biotec B.V & Co., KG, Haier Inc., Otsuka Holdings, among others

Apheresis Market Assessment

  • Apheresis Market Segmentation
    • Apheresis Market Segmentation By  Product Type: Apheresis Machine and Disposable
    • Apheresis Market Segmentation By  Technology: Centrifugation and Membrane Filtration
    • Apheresis Market Segmentation By  Procedure: Leukapheresis, Plasmapheresis, Plateletpheresis, Erythrocytapheresis, and Others
    • Apheresis Market Segmentation By  Application: Renal Disorders, Hematological Disorders, Neurological Disorders, Autoimmune Disorders, and Others
    • Apheresis Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of World
  • Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View

Which MedTech key players in the apheresis market are set to emerge as the trendsetter explore @ Apheresis Companies 

Table of Contents 

1 Report Introduction
2 Executive summary
3 Regulatory and Patent Analysis
4 Key Factors Analysis
5 Porter’s Five Forces Analysis
6 COVID-19 Impact Analysis on Apheresis Market
7 Apheresis Market Layout
8 Global Company Share Analysis – Key 3-5 Companies
9 Apheresis Market Company and Product Profiles
10 Project Approach
11 About DelveInsight

Interested in knowing the apheresis market by 2028? Click to get a snapshot of the Apheresis Market Trends

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About DelveInsight

DelveInsight is a leading Business Consultant, and Market Research firm focused exclusively on life sciences. It supports pharma companies by providing comprehensive end-to-end solutions to improve their performance.  

CONTACT: Contact Us Shruti Thakur  [email protected]  +1(919)321-6187  https://www.delveinsight.com/medical-devices

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